GlobalData Archive

Italy will contribute 35% of Europe’s new-build underground gas storage capacity in 2023, says GlobalData

Italy is expected to add around 249 billion cubic feet (bcf) of underground gas storage capacity between 2019 and 2023, from 14 planned and announced underground gas storage sites, according to GlobalData a leading data and analytics company. The company’s latest report: ‘Underground Gas Storage Industry Outlook in Europe to 2023 – Capacity and Capital

AI is the path to maximum profitability for retail and FMCG firms, says GlobalData 

Artificial intelligence (AI) is the next big step for retail and FMCG companies following the implementation of advanced big data and analytics (BDA) solutions, which can unlock huge data volumes in an automated way in real-time and ultimately lead to maximum profitability, according to leading data and analytics company GlobalData. The company’s Disruptor Database revealed

Blockchain technology projects will be shelved from 2018, says GlobalData Thematic Research

The hype surrounding blockchain technology will recede sharply in 2018 as the cost and complexity of implementing blockchain solutions becomes apparent says GlobalData, a leading data and analytics company. Many of the early blockchain projects will either be quietly shelved in favour of more traditional approaches or they will evolve in a way which reduces

2018 to be yet another dismal year for fashion retailers despite forecast growth in online sales, says GlobalData

Clothing & footwear volumes declined 0.8% * in 2017 and will not grow again until 2019, says leading data and analytics company GlobalData. Increased manufacturing and import costs, stemming from the prolonged weakness of the pound, led to a sharp 2.4% * hike in inflation last year which proved a hindrance to volume growth as

Telcos embracing automation as the only way to stay relevant, says GlobalData 

Telecommunications operators and suppliers (telcos) are embracing automation in a big way, in order to compete with cloud service providers like Amazon and Google, which operate on much shorter cycles and serve more clients with fewer people, according to leading data and analytics company GlobalData. Ron Westfall, Technology Analyst at GlobalData, says: “Telco network production

World Immunization Week 2018: Despite great progress, more work must be done to close vaccine coverage gaps, says GlobalData

Each year, the World Health Organization (WHO) uses World Immunization Week, celebrated during the last week of April, to promote awareness of the countless benefits of vaccines, which are undeniably the world’s most effective and economically sound medical intervention, says GlobalData, a leading data and analytics company. The theme of World Immunization Week 2018—’Protected Together,

5G may usher in next wave of satellite communications, says GlobalData

By augmenting fifth generation (5G) mobile networks with next-generation satellite capabilities, satellite operators have an opportunity to become a major player in the emerging 5G ecosystem, says leading data and analytics company GlobalData. Sluggish speeds, high latency and lower reliability compared to traditional fiber and digital subscriber line (DSL) options have restricted satellite’s role to

Shift to 5G will not happen in 2018, says GlobalData

While many telecom network technology vendors are claiming that the wait for fifth generation, high-speed wireless service (5G) is finally over, the full transition to 5G will not happen in 2018, according to leading data and analytics company GlobalData. Ed Gubbins, Senior Telecom Technology & Software Analyst at GlobalData says: “There are differing perspectives over

Nimble non-banks seize opportunity in Southeast Asian mobile payments arena, says GlobalData

With several non-banking providers such as AirAsia and Grab taking the lead in the mobile payment space in an effort to grow into full scale financial service providers in the Association of Southeast Asian Nations (ASEAN)  region, incumbent banks have a lot of space to cover and need to be more adaptable, says leading data

IoT software and services in the pharmaceutical sector will be worth $2.4 billion by 2020, says GlobalData

Internet of Things (IoT) is transforming the pharmaceutical industry at a rapid pace. IoT has the potential to enhance almost all the processes of the pharmaceutical industry ranging from clinical trials, drug disclosure, manufacturing, and supply chain to remote patient monitoring, according to GlobalData, a leading data and analytics company. IoT software and services in